PCS2 acts as sole lender to Eaton House Schools Group in support of a management buyout

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PCS2 acts as sole lender to Eaton House Schools Group in support of a management buyout

24 June 2016

Permira Credit Solutions II committed a £30 million senior secured loan to Eaton Group of Schools ("Eaton House") in support of a management buyout. This primary transaction was directly originated by PDM as sole lender and is sponsored by Sovereign Capital Partners, who are a specialist un education.

Eaton House is a London-based group of six independent day schools in 3 locations for children aged between 3-13 years. The Group's origin dates back to 1897 when the Belgravia School opened in Sloane Street. other schools in the Group include The Manor School on Clapham Common and The Vale School in South Kensington.